Intraday (intraday trading)

All Forex trading, based on the duration of transactions, can be divided into three main options - intraday trading, medium-term trading and swing trading.

Intraday (intraday trading) is trading exclusively within one day, when the opening and closing of an order occurs on the same calendar date. When this is done, all positions are opened and closed within one day, and their duration can range from 1 minute to 23.59 hours.

Choosing this trading option provides the trader with a lot of undeniable advantages -

• No need to pay swap to transfer the position to the next date.
• The opportunity to take advantage of a large amount of leverage and significantly increase trading volumes, and with them the profit received.
• Constant monitoring of the status of transactions and the situation on the forex market.

Despite the fact that Intraday is already considered short-term trading on Forex, even within such a strategy there is its own division into separate options.

1. Scalping or pipsing are the two shortest options for short-term trading; the duration of scalping transactions rarely exceeds 15 minutes, and pipsing is carried out on ticks.

Thanks to such a strategy, it becomes possible to earn money even with a small deposit, so to speak, “Go all in.”

At the same time, not only the risk of transactions increases enormously, but also the amount of earnings, which sometimes exceeds the initial amount on the trader’s deposit by more than 1000 times. Piping is carried out both along the main trend and against it, since the direction of movement of the main trend in this case has absolutely no meaning due to the extremely short duration of the transactions.

Earnings from one transaction do not exceed 3-8 points, but this is compensated by the use of significant leverage ranging from 1:200 to 1:500.

2. Trading on M30 and H1 - in fact, these are the most optimal time periods for intraday trading, since on these time frames you can still use a large forex leverage of 1:50 or 1:100, but trading itself is already becoming calmer and more predictable .

The earnings rate here increases to 10-20 points per transaction, while the risk of losses is significantly reduced.

3. Trading during one session – a trading strategy within one Forex trading session .

Typically, this approach is used when trading on news, since for this strategy it is important which of the forex sessions is being traded. The duration of one transaction in this case is limited only by the effect of the existing trend and the end of the day, since day traders usually do not leave open positions to be carried over to the next day.

Intraday trading on Forex is an excellent training ground for novice traders; when using it, there is no need to make long-term forecasts and calculate the difference in lending rates, and the minimum deposit requirements for real earnings are also significantly reduced.